Petroleum earnings go up and down with the volatility in the openly and globally traded commodities in which we deal. ... History teaches us that punitive measures hastily crafted in reception to short-term market manipulations, will likely have unintended negative consequences including creating disincentives for investment. -Lee R. Raymond

 

Petroleum earnings go up and down with the volatility in the openly and globally traded commodities in which we deal. ... History teaches us that punitive measures hastily crafted in reception to short-term market manipulations, will likely have unintended negative consequences including creating disincentives for investment.


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This quote is just one of 18 total Lee R. Raymond quotes in our collection. Lee R. Raymond is known for saying 'Petroleum earnings go up and down with the volatility in the openly and globally traded commodities in which we deal. ... History teaches us that punitive measures hastily crafted in reception to short-term market manipulations, will likely have unintended negative consequences including creating disincentives for investment.' as well as some of the following quotes.

The price [of oil] is set on the world market by willing buyers and sellers.

Lee R. Raymond
252

Our numbers are huge because the scale of our industry is huge.

Lee R. Raymond
195
It makes no sense to talk of the social obligations of the corporation without reference to its economic obligations. The two are intertwined. -Lee R. Raymond
194

Ethical conduct is something that becomes inherent in an organization over a long period of time.

Lee R. Raymond
188

In politics time is measured in increments of two, four and six years.

Lee R. Raymond
186
We have seen that in this country in the last few years, particularly on Wall Street, with the rise of the old human frailty of greed. This occurs when people begin to serve only their own needs to the detriment of everyone else. -Lee R. Raymond
176

We should seek a system that provides outlets for those skills and talents so that everyone can find a way to work and serve in a manner that best suits the strengths of each individual.

Lee R. Raymond
163